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Cambodian FM hails China's ties, cooperation with ASEAN, Cambodia

Cambodian Foreign Minister Hor Namhong has lauded China’s excellent ties and cooperation with ASEAN and Cambodia, saying that the close ties have brought peace, stability and development in the region. “China is the first country to establish with ASEAN in 2003 the ASEAN-China strategic Partnership for ...

Global Times News Staff
http://www.globaltimes.cn/content/895544.shtml

With higher wages after strike, Cintri workers back on the job

After a two-day strike that saw trash quickly pile up along Phnom Penh’s streets, more than 1,000 workers for the city’s only trash collection company, Cintri, agreed to return to their jobs Wednesday after being promised pay raises. street cleaners, who make between $90 and ...

Ben Sokhean
https://www.cambodiadaily.com/news/with-higher-wages-after-strike-cintri-workers-back-on-the-job-74428/

NagaWorld posts $136M profit

On the back of a quest for high-rolling Chinese clients, NagaWorld’s gross gaming revenue soared 17 per cent in 2014, although profits were slightly down due to rising costs and lower profit margins from VIP customers. Gross gaming revenue clocked in at $381.4 million for 2014, ...

Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-posts-136m-profit

Myanmar garment workers threaten further strikes if demands are not met

Garment workers in Myanmar protesting over pay and factory conditions threatened to continue strikes Tuesday unless their demands are met and authorities release two of their representatives detained earlier this month. As many as 200,000 people work in garment factories in Myanmar, according to the ...

Thiha Tun
http://www.rfa.org/english/news/myanmar/strikes-02242015130920.html

China hugely contributes to world economy, says Cambodian scholars

China has greatly contributed to the development of the world economy, even though it is still a developing country, scholars in Cambodia said Sunday. “China helped other Asian economies to recover from the Asian financial crisis in 1997, assisted the Eurozone to recover from the ...

The Cambodia Herald​ News Staff
http://bit.ly/1O1mABr

Japanese firms look to expand

Japanese companies in the Kingdom are looking at expanding local operations as business confidence for 2015 is expected to rise on account of higher projected sales and operating profits, according to a survey conducted by the Japanese External Trade Organization. The survey, which looked at Japanese ...

Hor Kimsay
http://www.phnompenhpost.com/japanese-firms-look-expand

Police chief accused in $678k corruption case

Hy Narin, the Meanchey district police chief arrested by the Anti-Corruption Unit (ACU) on Tuesday, was questioned on Thursday by the Phnom Penh Municipal Court over allegations that he stole more than $600,000 from the state and its citizens during his eight years as police ...

Khuon Narim
http://www.cambodiadaily.com/news/police-chief-accused-in-678k-corruption-case-68996/

CamKo struggles to move beyond crash

From the start, the project seemed impossibly ambitious: A $2-billion South Korean satellite city—complete with condominiums, office space, luxury villas, a shopping mall, health clinics, banks and an airport—on the outskirts of Phnom Penh. Claiming the land was not properly appraised, and that the decision ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/camko-struggles-to-move-beyond-banks-collapse-71320/

Hun Sen suggests expanding dual-citizen ban beyond NEC

Prime Minister Hun Sen on Tuesday suggested eventually extending a controversial new provision banning dual nationals from sitting on the National Election Committee (NEC) to also apply to the National Assembly and executive branch, but said there is no pressing reason to do so. Speaking at ...

Hul Reaksmey
https://www.cambodiadaily.com/news/hun-sen-suggests-expanding-dual-citizen-ban-beyond-nec-74338/

Former Prime Minister says US blacklisted him

Former Prime Minister Pen Sovann claimed Monday that he has been barred from entering the U.S. because of an assistant who overstayed his U.S. visa more than a decade ago, and paid a visit to the U.S. Embassy in Phnom Penh in an effort to ...

Kuch Naren
https://www.cambodiadaily.com/news/former-prime-minister-says-us%E2%80%88blacklisted-him-75941/

AirAsia launches ASEAN flight pass

Malaysian budget airline AirAsia launched on Monday “AirAsia ASEAN Pass” in a bid to grab the ASEAN market ahead of the open sky policy that will be implemented next year. AirAsia ASEAN Pass is a travel pass that allows passengers to enjoy flights at a fixed ...

Nadya Natahadibrata
http://www.thejakartapost.com/news/2015/02/24/airasia-launches-asean-flight-pass.html

Survey finds deep discontent as Cambodian land disputes continue

According to a new survey, land disputes in Cambodia lead to employment insecurity, causing poverty, food insecurity, and increasing physical and psychological insecurity. The survey found that most expressed a desire for the government to eliminate land disputes and set a clear policy to address ...

Neou Vannarin
http://bit.ly/1H3iZQi

Apsara mulls hike for Angkor Wat tickets

The Apsara Authority, the government entity that manages the ancient temple complex at Angkor, is studying the possibility of increasing ticket prices, stating that current prices are “low” when compared with similar destinations in other countries. Apsara is considering conducting a study as well to ...

Chan Muyhong
http://www.phnompenhpost.com/business/apsara-mulls-hike-angkor-wat-tickets

PP land prices on the rise

As Cambodia moves forward with its economy and prepares for the ASEAN integreation, land prices in Phnom Penh are rising. Phnom Penh land prices increased between 10 to 30 per cent depending on whether the area was an economically active location, a residential area or an ...

Siv Meng
http://www.phnompenhpost.com/real-estate/pp-land-prices-rise

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...

Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines

Ministry urges livestock production boost for local market

The Agriculture Ministry yesterday urged farmers and the private sector to increase the production of pigs and cattle to supply the local market following a drop due to African Swine Fever and other factors, leading to increased imports last year.​ ...

Pech Sotheary
https://www.khmertimeskh.com/50686845/ministry-urges-livestock-production-boost-for-local-market

Gov’t to spend $50M to cut electricity tax for industries

The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries

Banteay Meanchey bus service begins

Banteay Meanchey provincial authorities have put 15 public city buses into use for passengers travelling between Poipet town and the former Khmer Rouge district of Malai, hoping that the bus service will ease travels and help reduce road accidents. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/banteay-meanchey-bus-service-begins

Price-hike warning issued to house buyers

Property and land prices are set to rise in Lvea Aem district’s Kandal province following the  government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50697728/price-hike-warning-issued-to-house-buyers

Push to stop plastic in Siem Reap

The Ministries of Environment, Education, Youth and Sport, and the Cambodia Rural students Trust (CRst) have collaborated to implement an environmental care project called Project “R” in Siem Reap province. ...

Voun Dara
https://www.phnompenhpost.com/national/push-stop-plastic-siem-reap

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